Summary - FLAT 5, 12, VILLA ROAD TN37 6EJ
1 bed 1 bath Apartment
Auction-ready fixer with clear cash-investment potential near the promenade.
Vacant third-floor 1-bed flat — requires full refurbishment
Guide price £38,500; auction sale on 11 November 2025
Lease approx. 61 years — likely blocks mortgage lending
Buyer’s premium £1,200 (inc VAT) plus additional legal charges
Close to St Leonards seafront and Warrior Square station
Very deprived area with high local crime — affects lettings/value
Solid brick Victorian building; potential period features to restore
Electric heating, possible damp/window issues, no insulation assumed
Offered at auction with a guide price of £38,500, this vacant third-floor one-bedroom flat sits in a Victorian conversion half a mile from St Leonards seafront. The property requires complete refurbishment and presents clear potential for a cash buyer or investor prepared to carry out upgrades and manage lease issues.
The flat totals approximately 42 sq.m (452 sq.ft) and has a simple layout: living room, kitchen, bedroom and bathroom. Construction is solid brick with original period features and high ceilings in the building, but internal condition is dated with damp/window concerns and electric room heaters rather than a mains gas heating system.
Important legal and financial points: the lease has circa 61 years remaining, which will likely prevent mortgage lending for many buyers. The sale is subject to a buyer’s premium of £1,200 (inc VAT) plus other charges detailed in the legal pack — prospective purchasers must read that pack carefully before bidding.
Location strengths include proximity to the seafront, Warrior Square station and local amenities; public transport and mobile signal are good. The area is described as very deprived with high local crime rates, so long-term rental values and tenant profiles should be considered. For a cash buyer or renovator, this is a low-price entry with refurbishment upside, but lease and local-area risks are material and must be factored into valuation.
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